Retail Property - Off Market

Description

The tenancy of South Elkhorn Village is made up of 13 local tenants. No single tenant comprises over ten (10%) percent of the center, therefore the loss of a single tenant would not significantly impact the center in the manner of losing an anchor that comprises fifty (50%) percent or more of a shopping center. Most of the leases are slightly below market and makes replacing tenants with at least the same rent very likely. An attractive south Lexington commercial property with very reasonable rent structure should allow South Elkhorn Village to continue to be an outstanding investment for the new owner.

Situated approximately eight tenths of a mile south of Man O' War Blvd., South Elkhorn Village is only minutes from Lexington' s other thriving business areas. South Elkhorn Village also has convenient access to the Bluegrass Airport, downtown Lexington, upscale residential communities, retail services, financial institutions, hotel accommodations & other amenities. Man O' War Blvd. provides high visibility & easy access from anywhere in the city or region.

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The information above has
been obtained from sources believed reliable. While we do not doubt its accuracy we have not verified
it and make no guarantee, warranty or representation about it. It is your responsibility to independently
confirm its accuracy and completeness. Any projections, opinions, assumptions, or estimates used are
for example only and do not represent the current or future performance of the property. The value of
this transaction to you depends on tax and other factors which should be evaluated by your tax, financial,
and legal advisors. You and your advisors should conduct a careful, independent investigation of the
property to determine to your satisfaction the suitability of the property for your needs. TB-BSO